SEC Archives - Page 2 of 4 - Cryptolifedigital

11Apr

By CryptolifedigitalNo Comments

Crypto Guides

What To Know About Ripple and XRP

Ripple is a blockchain-based platform that was designed to facilitate faster, cheaper, and more secure cross-border payments. The platform was created by Ripple Labs Inc. in 2012 and is based on a decentralized ledger technology called the XRP Ledger. XRP is the native digital currency of the Ripple network. It was created as a means of facilitating faster and more cost-effective cross-border payments. Unlike traditional fiat currencies, XRP is a decentralized cryptocurrency that is not controlled by any central authority. It is designed to be used as a bridge currency for facilitating transactions between different currencies. In this article, we will explore the key features and benefits of Ripple and XRP, as well as the challenges and opportunities they present for the wider crypt...

Deaton Predicts Another Date For The Termination Of The Battle Between Ripple And SEC.

8Apr

By OLAJIDE SAMUELNo Comments

Ripple News

Deaton Predicts Another Date For The Termination Of The Battle Between Ripple And SEC.

According to recent reports, there is a possibility that the Ripple vs. SEC summary judgment could come before May 6, 2023. This information was shared by lawyer and XRP supporter, John Deaton, who analyzed the timeline of Judge Sarah Netburn's recent ruling in the case. Deaton Predicts Termination Date For Battle SEC And Ripple In an interview with Thinking Crypto, attorney Deaton, representing thousands of XRP holders in the lawsuit, speculates that Judge Torres’ ruling might come on or before May 6. Read Also: Terraport's First-ever LUNC Burn Accounts For 100M Terra classic “[…] There was a case where it [summary judgment] was two weeks between. And then there was a case when it was 30 days between, and then there was a case when it was 60 days, right? So what I’ve been telling...

Ripple CEO And Counsel Recently Slam SEC, No Hope Of Settlement

31Mar

By OLAJIDE SAMUELNo Comments

Ripple News

Ripple CEO And Counsel Recently Slam SEC, No Hope Of Settlement

In a recent development in the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC), it has been reported that no settlement has been reached between the two parties. Ripple's CEO, Brad Garlinghouse, and General Counsel, Stuart Alderoty, have both taken to Twitter to criticize the SEC's actions in the case. Bill Morgan, Reacted To Recent Ripple CEO Comment Saying No Settlement An XRP community member has reacted to recent comments by Ripple CEO Brad Garlinghouse and General Counsel Stuart Alderoty criticizing the Securities and Exchange Commission. Bill Morgan, a pro-XRP lawyer, noted that the unending criticisms from the Ripple executives against the SEC show that the blockchain company is not planning to settle with the regulator. Morgan made ...

Ripple Announces New Job roles Amidst Of Ongoing Legal Battle With SEC

17Mar

By CryptolifedigitalNo Comments

Ripple News

Ripple Announces New Job roles Amidst Of Ongoing Legal Battle With SEC

Ripple, the blockchain-based payments platform, has announced the addition of several new job roles, including senior technical program managers, security engineers, and marketing managers. This comes amidst an ongoing legal battle with the United States Securities and Exchange Commission (SEC) over the sale of XRP, the native cryptocurrency of the Ripple network. The company is currently facing a lawsuit from the SEC, which alleges that Ripple conducted an unregistered security offering when it sold XRP. Ripple has denied the allegations and maintains that XRP is not a security but rather a cryptocurrency like Bitcoin and Ethereum. Read Also: Terraport Releases Its Launch Roadmap, Its Public Launch Edges Close https://twitter.com/Ripple/status/1636512420725239809 Ripple Unveils ...

XRP Is The Only Asset Among The Top 15 Cryptocurrencies That Turns Green With A Gain Of 8.59% Over The Past 24 Hours. What Do We Expect After Nov 30?

25Nov

By CryptolifedigitalNo Comments

Ripple News

XRP Is The Only Asset Among The Top 15 Cryptocurrencies That Turns Green With A Gain Of 8.59% Over The Past 24 Hours. What Do We Expect After Nov 30?

Ripple’s XRP has been reacting green in terms of price as the cotton is being drawn to a close on the ongoing lawsuit between the Ripple and United State commission. The ideology of the community of Ripple is getting the XRP back on its feet again which could only be possible by the settlement from the SEC. The expectation is a good one as it can provide ample support for XRP’s recent campaign to $0.45 following the conquest of the $0.40 price level. Read Also: American Air And Canada Air Is Now Available For Booking With Shiba Inu Via FCFPay. Court To Decide On The Ripple And SEC By Nov 30 As the broader cryptocurrency community anticipates the details of the reply briefs from Ripple Labs and the SEC on November 30, XRP has been making silent moves amidst a bearish market. Al...

Companies Like Coinbase, Valhi Capital, And Crypto Council Request To File Amicus Brief In Favour Of Ripple, Ripple’s Victory Is Imminent.

1Nov

By CryptolifedigitalNo Comments

Ripple News

Companies Like Coinbase, Valhi Capital, And Crypto Council Request To File Amicus Brief In Favour Of Ripple, Ripple’s Victory Is Imminent.

The leading blockchain company, Ripple, waxes stronger daily as new companies like Coinbase, Valhi Capital, and Crypto Council requested to file Amicus Briefs in favour of Ripple in the ongoing lawsuits. The new development was shared by former federal prosecutor cum defence lawyer James K. Filan in the last 24 hours. One of the top exchanges, Coinbase, filed an amicus brief highlighting that as a US-based exchange, the legal action brought against Ripple by the US SEC forced it and other US exchanges to delist XRP, triggering a $15 billion loss in its market value which Coinbase’s customers felt. Read Also: Dogecoin Spikes Following Elon Musk's Acceptance Of Twitter Deal. https://twitter.com/FilanLaw/status/1587207108692418564 Coinbase, Valhi Capital, And Crypto Council...

Ripple Says SEC Has No Legal Proof To Qualify XRP As A Security

21Oct

By OLAJIDE SAMUELNo Comments

Ripple News

Ripple Says SEC Has No Legal Proof To Qualify XRP As A Security

In a recent update, Ripple has filed an opposition against the SEC’s summary judgement motion, saying SEC has no legal proof to call XRP security. Ripple noted that SEC wants to use its summary judgement motion in the ongoing lawsuit to aid its journey to an area of no jurisdiction. It is surprising that till now, there is no legal proof from the SEC that make the XRP a security as noted by Ripple. Ripple further added that SEC’s summary judgment motion did not point to any “investment contract” issued and sold by Ripple. Read Also: Brad Garlinghouse Discovers The Cunning Act Of SEC In Handling Over The Hinman Document, He Says "Don't Believe Them": Here's Why Per Ripple’s comment; “The theories that the SEC does advance are insufficient to prove its case and are internally i...

Ripple’s Enthusiasts Say SEC Has No Focus In The Ongoing Lawsuits: Detail

5Oct

By Cryptolifedigital2 Comments

Ripple News

Ripple’s Enthusiasts Say SEC Has No Focus In The Ongoing Lawsuits: Detail

In the recent statement of the attorney Deaton, the attorney representing the amicus status slams the SEC, saying SEC has no focus on its current lawsuits against the blockchain company. It is no news that many companies have been filing an amicus brief in support of Ripple in the ongoing lawsuits against the SEC, but the refusal of the UC commission has not met any calmness on the side of the Ripple enthusiasts who reacted against the uncertainty in the SEC’s proof against XRP. SEC Disagrees With Filing Of Amicus Brief By Third Parties it was previously reported that the SEC has blatantly refused the filing of the amicus brief of the I-Remit and TapJets that recently support Ripple in the ongoing lawsuits against Ripple. In this regard, SEC says; “Indeed, movants do not and c...

Ripple And SEC Jointly File Against Third Parties To Avoid any Delay

20Sep

By Cryptolifedigital1 Comment

Ripple News

Ripple And SEC Jointly File Against Third Parties To Avoid any Delay

According to the recent tweet by attorney James, the two parties have filed a request that any motions by third parties to seal portions of the parties’ judgement filing be filed subject to the court’s September 12th, 2022 order. Ripple and SEC did this to avoid being dragged by third parties Read Also: A whopping 270,000+ Ethereum Were Sent To Central Exchanges Within The Space Of Two Hours Ripple and SEC To Avoid Being Dragged By Third Parties Regarding the request, Ripple and SEC want all sealing motions to the summary judgement filings made by third parties to be due by December 9, 2022. Additionally, oppositions to these sealing motions are expected to be filed no later than December 22, 2022. “The parties respectfully submit this joint application to request that any mot...

Magistrate Analisa Torres Approves Ripple’s And SEC’s Proposal To File Motions Under Seal, Ripple vs. SEC Lawsuit Approaches Summary Judgment

13Sep

By CryptolifedigitalNo Comments

Ripple News

Magistrate Analisa Torres Approves Ripple’s And SEC’s Proposal To File Motions Under Seal, Ripple vs. SEC Lawsuit Approaches Summary Judgment

Judge Torres Analisa who is one of the presiding Judges in the case between Ripple versus SEC, has approved the parties’ combined scheduling proposal governing all sealing issues concerning the upcoming summary judgement. The new development was shared by attorney James K. Filan, saying that Magistrate Analisa Torres permitted the request on September 12, 2022, as the parties prepared to file all materials relating to the summary judgment motions. Read Also: LUNC 1.2% Tax Burn proposal Has A Support Of 99.97% Vote, No Doubt, The Proposal Goes Live On 20th September 2022 People's Reaction Is Prompted As Judge Torres Approves Parties' Proposal To File Under Seal Following this grant to sealing issues regarding the summary judgement, the people’s reaction has been prompted....